Too soon for climate transition plans to help regs: FSB
Wider adoption, more standardization needed for company plans to be useful for financial regulation
- By: James Langton
- January 14, 2025 January 14, 2025
- 17:26
Wider adoption, more standardization needed for company plans to be useful for financial regulation
Global dealmaking revives in 2024, but remains weaker than recent years
Regulator settles with 12 firms for a combined US$63.1 million
Firms pay US$45 million to settle trade reporting, recordkeeping violations
Research finds that active funds underperformed between 2019 and 2023
Compared to a year earlier, producer prices rose 3.3%, the biggest jump since February 2023
Economist debunks Trump claim that the U.S. 'subsidizes' Canada
Earlier decision requiring clearing broker to produce records overturned
AIMA survey finds crypto funds struggle to get basic banking services
Why clients must avoid late payment, consider current loan structure
Plus, other firms announce fee changes, fund closures and mergers
Fund managers have mixed feelings about 2026 — they're optimistic about multiple sectors, but see continued risk on the global trade front
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
Total cost reporting will increase fee transparency, put more onus on advisors to demonstrate their value to clients
Optimism for tech and growth comes with market and macroeconomic concerns
The pension fund is investing up to US$1.05 billion
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
They are increasingly being used for fixed income, foreign equities exposure
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations